Winnebago reports strongest quarterly revenues since 2005

Thursday, June 26, 2014 11:57 AM

Winnebago Industries Inc. today
reported a 48.6 percent year-over-year increase in net income in its fiscal
third quarter, which ended May 31. The company's net income was $11.4 million, or
42 cents per share, up from $7.7 million, or 27 cents per share, in the third
quarter of fiscal 2013. Revenues for the company were $247.7 million, up 13.5
percent from a year ago. That was the highest quarterly revenue for the company
since 2005. For the first nine months of the fiscal year, Winnebago reported a
net income of $32.1 million, or $1.17 per share, up from $21.3 million, or 76
cents per share, in the same period a year earlier. Chairman, President and CEO
Randy Potts said in a news release that the growth was driven by strong demand
for the company's products, helped in part by the introduction of several new
products and motor home floor plans in April.